In the past week, Canadian securities regulators approved the offering of the first two Canadian Bitcoin ETFs. By holding Bitcoin, the Canadian funds intend to provide investors with access to the US dollar and Canadian dollar price of Bitcoin through an ETF structure. The ETF units have been conditionally approved for listing on the Toronto Stock Exchange.
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Year of the CCPA
By Hunton Andrews Kurth LLP on
Posted in Regulatory, Smart Contracts
As reported last week on our Privacy and Information Security Law Blog, 2019 was the “Year of the CCPA” as companies around the world worked tirelessly to comply with the California Consumer Privacy Act of 2018.
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Canadian Bitcoin Fund Granted Mutual Fund Trust Status
By Scott H. Kimpel & Christopher Adcock on
Posted in Cryptocurrencies, Tax
Recently, Canadian investment firm First Block Capital Inc. reported that FBC Bitcoin Trust, which the firm bills as the “first and only open-ended bitcoin fund approved by Canadian regulators,” has achieved mutual fund trust status under Canada’s Federal Income Tax Act.
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